Happy National Regifting Day!

It’s official! We recently received very serious looking document from Colorado Governor Bill Ritter proclaiming December 18 as National Regifting Day!

What is National Regifting Day you ask? Well, National Regifting Day is a good-natured way to get consumers talking about an issue they are often reluctant to discuss—holiday spending. Since 1958, my nonprofit organization has encouraged consumers to consider all possible ways to make the most of their resources. That is why we observe National Regifting Day on the Thursday before Christmas. The date was selected in honor of holiday office parties and the “unique” gifts exchanged at them.

If you are unsure about the concept of regifting, you can rest assured that the majority (60%) of people think that regifting is becoming more accepted; the top two reasons are to save money and the environment. For the first time in history, consumers are considering the impact of the holidays not only on their pocketbook, but on the environment. The good news is that “going green” doesn’t mean forgoing all gift-giving and decorating. Regifting is a small step towards reducing this holiday’s environmental impact.

Before you rush out to celebrate, be sure to read the official regifting party rules.

Kim McGrigg is the former Manager of Community and Media Relations for MMI.

  • The Consumer Federation of America (CFA) is an association of nonprofit consumer organizations that was established in 1968 to advance the consumer interest through research, advocacy, and education. Today, nearly 300 of these groups participate in the federation and govern it through their representatives on the organization's Board of Directors.

  • The mission of the U.S. Department of Housing and Urban Development (HUD) is to create strong, sustainable, inclusive communities and quality affordable homes for all. HUD works to strengthen the housing market in order to bolster the economy and protect consumers; meet the need for quality affordable rental homes; utilize housing as a platform for improving quality of life; and build inclusive and sustainable communities free from discrimination.

  • The Council on Accreditation (COA) is an international, independent, nonprofit, human service accrediting organization. Their mission is to partner with human service organizations worldwide to improve service delivery outcomes by developing, applying, and promoting accreditation standards.

  • The National Foundation for Credit Counseling® (NFCC®), founded in 1951, is the nation’s largest and longest-serving nonprofit financial counseling organization. The NFCC’s mission is to promote the national agenda for financially responsible behavior, and build capacity for its members to deliver the highest-quality financial education and counseling services.